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search dynamics and demonstrate that endogenous information amplifies the ``stigma'' effect of long unemployment duration … for a worker's unemployment duration …We consider a worker's job search problem in which firms arrive sequentially, observe the worker's unemployment …
Persistent link: https://www.econbiz.de/10013250508
Stock prices occasionally move in response to unverified rumors. I propose a cheap talk model in which a rumormonger's incentives to tell the truth depend on the interaction between her investment horizon and the information acquisition decisions of message-receiving investors. The model's key...
Persistent link: https://www.econbiz.de/10012250063
sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …
Persistent link: https://www.econbiz.de/10011418245
that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …
Persistent link: https://www.econbiz.de/10009789000
abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute … additional active labor market policy measures. The estimated effect of the reform on the survival function of the duration of …
Persistent link: https://www.econbiz.de/10011453442
sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …
Persistent link: https://www.econbiz.de/10011449662
abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute … additional active labor market policy measures. The estimated effect of the reform on the survival function of the duration of …
Persistent link: https://www.econbiz.de/10011492188
Persistent link: https://www.econbiz.de/10011499189
Persistent link: https://www.econbiz.de/10012805196
Persistent link: https://www.econbiz.de/10012585008